Is it working? Is the hidden value being revealed? Given the Power situation, is it worth it keeping this one in place? As a shareholder I'd like to know if the fairy tale that we keep hearing in JF's calls is just another of his illusions
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He is nothing more than the ax guy, at some point he will be promoted for doing a great job. He is not capable of running a division of this size. But GE will have trained him on how to not run a business. Hind sight is twenty twenty. Hey, when he is done he can write a book like Beth!
The best I can figure is that Russell has naked pictures of Jack Welch or something, because at any other company with the same terrible performance, he would have been fired twenty times over by now.